Micro Power Electronics acquires SelfCharge, expands portable battery portfolio

BEAVERTON, Ore., 1 March 2007. Micro Power Electronics Inc. has acquired SelfCharge Inc., a Redmond, Wash.-based provider of battery chargers, docking stations and battery packs. Micro Power offers portable power solutions for mission-critical equipment and provides custom battery solutions to leading portable medical, rugged handheld computing, and commercial military equipment manufacturers.

BEAVERTON, Ore., 1 March 2007. Micro Power Electronics Inc. has acquired SelfCharge Inc., a Redmond, Wash.-based provider of battery chargers, docking stations and battery packs. Micro Power offers portable power solutions for mission-critical equipment and provides custom battery solutions to leading portable medical, rugged handheld computing, and commercial military equipment manufacturers.

The closing of the transaction is subject to final shareholder approval. The financial terms of the deal were not disclosed.

"Our complementary product lines provide our OEM customers with a more comprehensive portfolio of portable power products, including power supplies, battery chargers, and battery packs," says Greg Love, president and CEO of Micro Power. "The SelfCharge facility in Redmond will become Micro Power's 'center of excellence' for battery charger design and manufacturing."

SelfCharge designs and manufactures custom OEM portable power products including battery chargers, docking stations, charge cradles, and battery packs for industrial equipment manufacturers.

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